Shareholding Pattern: Shareholding Pattern Avalon Technologies Limited An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

Shareholder Name	Previous Quater Quantity(In Crores)	Current Quater Quantity(In Crores)	Previous Quater Shares(in %)	Current Quater Shares(in %)	Quater to Quater Difference
Promoters	3.35	3.35	50.97	50.91	-0.06 %
Public	3.22	3.23	26.26	24.2	-2.06 %
DII	1.12	1.48	17.07	22.47	+5.4 %
FII	0.37	0.16	5.7	2.42	-3.28 %
Government	0	0	0	0	0

Promoters’ shareholding decreased from 50.97% in December 2023 to 50.91% in March 2024. This reduction indicates that the promoters’ control over Company has weakened during this period.The percentage of shares held by the public decreased from 26.26% in December 2023 to 24.2% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding increased from 17.07% in December 2023 to 22.47% in March 2024 , indicating that domestic institutions increased their stake in the company by 5.4% . FIIs (Foreign Institutional Investors) shareholding decreased from 5.7% in December 2023 to 2.42% in March 2024 ,indicating that foreign institutions reduced their investments by 1.5% in the company during the quarter. This suggests a pullback in their investment .

Let’s look into the statistics of the investors, which could have contributed to the fluctuations in the shareholding pattern.

Shareholder Name	Previous Quarter Quantity (In crores)	Current Quarter Quantity (In crores)	Previous Quarter Shares (in %)	Current Quarter Shares (in %)	Quarter-to-Quarter Difference (%)
KUNHAMED BICHA	1.443	1.443	21.98	21.95	-0.03 %
BHASKAR SRINIVASAN	0.956	0.956	14.57	14.55	-0.02 %

KUNHAMED BICHA faced a downturn in stakeholding this quarter, witnessing a decline of -0.03 % in stakeholding compared to the previous quarter.BHASKAR SRINIVASAN faced a downturn in stakeholding this quarter, witnessing a decline of -0.02 % in stakeholding compared to the previous quarter.

Shareholder Name	Previous Quarter Quantity (In Crores)	Current Quarter Quantity (In Crores)	Previous Quater Shares (in %)	Current Quater Shares (in %)	Quater-to-Quater Difference (%)
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	0.776	0.677	11.83	10.3	-1.53 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	0	0.017	0	0.25	+0.25%
Non Resident Indians (NRIs)	0.608	0.830	9.27	12.63	+ 3.36 %
ANAND KUMAR	0	0.243	0	3.7	+3.7%
Foreign Nationals	0.220	0.006	3.36	0.1	-3.26 %
Foreign Companies	0.044	0.013	0.67	0.19	-0.48 %
Bodies Corporate	0.051	0.027	0.78	0.41	-0.37 %
Any Other (specify)	0.021	0.018	0.32	0.27	-0.05 %
HUF	0.017	0.015	0.25	0.23	-0.02 %
LLP	0.004	0.003	0.07	0.05	-0.02 %
ANAND KUMAR	0.243	0	3.71	0	-3.71%

Observations show a significant difference of -1.53 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 3.36 %.Observations show a significant difference of -3.26 % in Foreign Nationals’s financial performance between quarters.Observations show a significant difference of -0.48 % in Foreign Companies’s financial performance between quarters.Observations show a significant difference of -0.37 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.05 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.02 % in HUF’s financial performance between quarters.Observations show a significant difference of -0.02 % in LLP’s financial performance between quarters.Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs had no shares in the previous quarter but now holds 0.25% of shares in the current quarter.ANAND KUMAR had no shares in the previous quarter but now holds 3.7% of shares in the current quarter.ANAND KUMAR had 3.71% of shares in the previous quarter but exited in the current quarter.

Shareholder Name	Previous Quarter Quantity (In Crores)	Current Quarter Quantity (In Crores)	Previous Quater Shares (in %)	Current Quater Shares (in %)	Quater-to-Quater Difference (%)
Mutual Funds/	1.027	1.384	15.65	21.06	+ 5.41 %
EDELWEISS MF AC-EDELWEISS SMALL CAP FUND	0	0.070	0	1.06	+1.06%
HDFC MUTUAL FUND – HDFC DEFENCE FUND	0	0.073	0	1.11	+1.11%
MIRAE ASSET ELSS TAX SAVER FUND	0	0.139	0	2.11	+2.11%
HDFC MUTUAL FUND – HDFC FOCUSED 30 FUND	0.082	0.310	1.25	4.72	+ 3.47 %
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND	0	0.378	0	5.76	+5.76%
Alternate Investment Funds	0.003	0.002	0.05	0.03	-0.02 %
Insurance Companies	0.090	0.091	1.37	1.38	+ 0.01 %
EDELWEISS BALANCED ADVANTAGE FUND	0.075	0	1.15	0	-1.15%
NIPPON INDIA SMALL CAP FUND	0.378	0	5.76	0	-5.76%

The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 5.41 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for HDFC MUTUAL FUND – HDFC FOCUSED 30 FUND, reflecting an uptick of 3.47 % in their shares.Alternate Investment Funds decreased their stake from 0.03% in the previous quarter to 0.05% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.02 %.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.01 % in their shares.EDELWEISS MF AC-EDELWEISS SMALL CAP FUND had no shares in the previous quarter but now holds 1.06% of shares in the current quarter.HDFC MUTUAL FUND – HDFC DEFENCE FUND had no shares in the previous quarter but now holds 1.11% of shares in the current quarter.MIRAE ASSET ELSS TAX SAVER FUND had no shares in the previous quarter but now holds 2.11% of shares in the current quarter.NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND had no shares in the previous quarter but now holds 5.76% of shares in the current quarter.EDELWEISS BALANCED ADVANTAGE FUND had 1.15% of shares in the previous quarter but exited in the current quarter.NIPPON INDIA SMALL CAP FUND had 5.76% of shares in the previous quarter but exited in the current quarter.

Shareholder Name	Previous Quarter Quantity (In Crores)	Current Quarter Quantity (In Crores)	Previous Quater Shares (in %)	Current Quater Shares (in %)	Quater-to-Quater Difference (%)
Foreign Portfolio Investors Category I	0.368	0.152	5.6	2.32	-3.28 %
Foreign Portfolio Investors Category II	0.007	0.007	0.1	0.11	+ 0.01 %
GOLDMAN SACHS FUNDS – GOLDMAN SACHS INDIA EQUITY PORTFOLIO	0.153	0	2.33	0	-2.33%

Stakeholding dwindled by -3.28 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.01 % .GOLDMAN SACHS FUNDS – GOLDMAN SACHS INDIA EQUITY PORTFOLIO had 2.33% of shares in the previous quarter but exited in the current quarter.